Instech London Podcast
Robin Merttens & Andrew Yeoman: Navigating algorithmic underwriting in Property & Casualty (160)
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:27:35
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Synopsis
Robin is joined by Concirrus CEO and Co-founder Andrew Yeoman on Podcast 160 to discuss how commercial insurers are beginning to use algorithms to support underwriting decisions. The conversation covers the findings from the InsTech London report, A Practitioner's Guide: Algorithmic underwriting in commercial and specialty insurance, which examines where industry adoption is right now and what’s needed to move the technology forward. Andrew shares his insights on the potential of algorithmic underwriting, plus practical examples of how Concirrus is using algorithms to identify marine risks and build dynamic pricing models. Talking points include: How underwriters are using algorithms The challenges to wider industry adoption Predicting behaviours through technology ‘Digital fracking’ and the importance of structured data Automation as a journey and where we are on it The balance of AI and human input A Practitioner's Guide: Algorithmic underwriting in commercial and specialty insurance is available to downl